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Moody’s Earlier Downgraded First Republic Bank’s Ratings (Issuer Rating To B2 From Baa1) And Maintains Ratings Under Review For Downgrade

By Charles Gross
March 17, 10:22 PM
Moody's Investors Service (Moody's) has today downgraded all long-term ratings and assessments of First Republic Bank (First Republic) and maintained the review for downgrade. First Republic's long-term issuer rating and local currency subordinate ratings were downgraded to B2 from Baa1, and preferred stock non-cumulative rating was downgraded to Caa1(hyb) from Baa3(hyb).

FRC

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Accenture Announces Intent to Acquire Optimind, a Consulting Firm Specializing in Financial Services, Insurance and Compliance Risk Management; Terms Not Disclosed

By Charles Gross
March 17, 5:26 AM
Accenture (NYSE: ACN) has announced its intent to acquire Optimind, a Paris-based independent consulting firm that provides advisory services and solutions to help insurance firms, banks and large corporate clients to meet major challenges of competitiveness, transformation and regulation.

ACN

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Huize Authorized US$5M Share Repurchase Program

By Charles Gross
March 17, 5:01 AM
Huize Holding Limited, ("Huize", the "Company" or "we") (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that its Board of Directors ("the Board") has authorized a share repurchase program under which Huize may repurchase up to US$5 million of its C

HUIZ

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Cisco and Telenor Group Sign Agreement to Explore New As-A-Service Business Models and Enable a More Inclusive Internet for the Future

By Charles Gross
March 16, 8:06 AM
Cisco and the Telenor Group today announced an expanded relationship—through the fifth iteration of their Joint Purpose Agreement (JPA)—to advance strategic priorities that benefit markets in which the companies jointly operate, including Environmental, Social, and Governance (ESG); as-a-service and automation innovations; and cybersecurity and multi-cloud as-a-service.

CSCO